Tanalys

Crude Oil (WTI) (G6) Intraday: bullish bias above 37.4.

Pivot: 37.4

Our preference: long positions above 37.4 with targets @ 38.45 39.13 in extension.

Alternative scenario: below 37.4 look for further downside with 36.9 36.6 as targets.

Comment: the RSI broke above a bearish trend line.

Supports and resistances:

39.8

39.13

38.45

38.05 Last

37.4

36.9

36.6

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